Job Information
Zurich NA Legal Claims Professional- Financial Lines in Schaumburg, Illinois
Legal Claims Professional- Financial Lines
116883
Zurich is currently looking for a Legal Claims Professional for our Management Solutions group to work out of any of our Claims offices throughout the US.
If you are ready for a career move, consider working for a company with a global footprint that offers terrific benefits including an incentive plan, 401K match and an additional 401K contribution, flexible work options, work/life balance, summer hours and a great culture.
The Claims Professional will handle Private/Non-Profit D&O, EPL, and Fiduciary claims of moderate to high complexity under limited supervision. The ideal candidate will have experience reviewing complaints and all other legal pleadings and discovery, arbitration demands, coverage analysis, determining exposure and setting appropriate reserves. They will resolve claims according to Best Practices and within authority limits. They will regularly communicate with customers and brokers and may be dedicated to handle claims for specific accounts.
Additional responsibilities include:
Analyze coverage, liability, damages and exposure
Participate in mediations and settlement negotiations
Draft reservation of rights and coverage denial letters
Notify Underwriter of claim issues
Draft case summary reports in connection with significant reserve increases and trial preparation
Direct and engage with the activities of defense counsel
At Zurich North America we acknowledge that work life-balance and flexibility are a priority when it comes to choosing your next career move. Designed with our employees' needs in mind, the ZNA hybrid work model emphasizes flexibility, allowing claims employees to conduct individual work in their preferred location, while facilitating in-person connections and collaborative activities when meaningful and valuable. While the model provides a high level of flexibility and autonomy, occasional circumstances requiring in-office attendance should be expected. The candidate selected for this opportunity should be able to report into any of our Zurich claims offices in the US.
Basic Qualifications:
Juris Doctor and 5 or more years of experience in the Legal area AND
JD and 5 or more years of legal practice experience in the insurance area
Must obtain and maintain required adjuster license(s)
Experience in insurance claims and the insurance legal and regulatory environment
Negotiation experience
Customer service experience
Microsoft Office experience
Preferred Qualifications:
Member of the Bar
Claims handling experience including Private/Non-Profit D&O, EPL, Fiduciary and/or insurance coverage defense
Analytical skills
Strong communication skills
Ability to multi-task
Organization and time management skills
Ability to work independently
Experience collaborating across work groups
Insurance designations such as SCLA, CPCU, AIC
Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, click here . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The starting salary range for this position is $130,000.00 - $182,000.00.
As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please clickhere (https://www.zurichna.com/careers) to learn more.
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - New York, AM - Atlanta, AM - Schaumburg, AM - Overland Park, AM - Parsippany, AM - Addison, AM - Omaha, AM - Maitland, AM - Owings Mills
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-KO1 #LI-ASSOCIATE
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